OTTAWA, ONTARIO – Melkior Resources Inc. (TSXV-MKR) (“Melkior”) has commenced a diamond drill program on its 100% owned Carscallen gold project, in West Timmins, Ontario. The drilling program will consists of approximately three holes totalling a minimum of 2000 metres.
The drill program will focus on the contact area between the granite and the mafic volcanic rocks, specifically where the Shenkman vein system intersects the contact. Analysis of the spatial distribution of gold within the Shenkman system suggests that gold grades are higher as the zone reaches the granite – mafic volcanic contact area. The drilling program began on September 7th 2012.
Melkior has retained Laframboise Drilling Inc. to drill the 2000 metres and the program will be supervised and managed by GeoVector Management Inc., an Ottawa-based geoconsulting company. This Press Release was prepared by Dr. Eric Hebert, P.Geo of GeoVector Management Inc.
Melkior is a junior exploration company with active exploration projects in West Timmins and holds several other exploration properties of which the most important is the 100% owned Launay gold property in West Quebec.
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Melkior Resources Inc.
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This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Melkior’s periodic reports including the annual report or in the filings made by Melkior from time to time with securities regulatory authorities.